In today's newsletter, we cover a variety of significant developments across different sectors. Microsoft is looking into alternatives to OpenAI’s language models with its MAI models. Meanwhile, President Trump has unveiled a Strategic Bitcoin Reserve initiative aimed at establishing the U.S. as a leader in cryptocurrency. Additionally, Figma is weighing an IPO, and a peculiar $90K Cheeto has caught public attention. On the crypto front, decentralized exchanges are seeing a remarkable increase in trading volumes, indicating a shift away from centralized exchanges. Lastly, European ministers have shown support for a $53 billion reconstruction plan for Gaza amidst rising humanitarian concerns after the tragic loss of over 48,000 Palestinian lives, garnering opposition from Israel and Trump.